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Leave ‘excellent’ Ofori-Atta alone! IMF move solely my decision, not his fault – Akufo-Addo says he doesn’t understand clamour for cousin’s head

October 17, 2022

Leave ‘excellent’ Ofori-Atta alone! IMF move solely my decision, not his fault – Akufo-Addo says he doesn’t understand clamour for cousin’s head

President Nana Akufo-Addo has said Finance Minister Ken Ofori-Atta has been an excellent handler of the Ghanaian economy and, thus, sees no reason to sack him as being clamoured for by his critics.

Speaking to OTEC FM in the Ashanti Region on the first day of his four-day official working tour of that part of Ghana, Mr Akufo-Addo parried criticisms that his cousin is to blame for Ghana’s return to the International Monetary Fund (IMF) for help since he mismanaged the economy.

The president said he takes full responsibility for Ghana’s return to the IMF since he took the decision as the head of state.

He argued that the same Ofori-Atta was able to manage an IMF-programmed economy that the New Patriotic Party (NPP) inherited in 2017 to become one of the fastest-growing economies in the world with an average annual growth rate of 7%.

The president, thus, wondered, how he could cut ties with Mr Ofori-Atta as finance minister.

The president said he has a lot of difficulty understanding the clamour for Mr Ofori-Atta’s exit, since, he noted, even the IMF confirmed that the causes of the current economic situation in Ghana are global in nature rather than a result of internal mismanagement.

“It is very easy for people to say we went back to the IMF due to mismanagement of the economy. I do not accept that criticism because the reasons why we got into the situation we find ourselves has very little to do with us. In fact, the IMF confirmed this.”

Written by Web Master

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